Question

Best Credit Corporation lends funds to Cody, a consumer, to apply to the cost of a sport utility vehicle (SUV), which is the collateral for the loan. An enforceable security interest requires
a. a written agreement and Best's possession of the SUV.
b. a written agreement or Best's possession of the SUV.
c. a written agreement only.
d. Best's possession of the SUV only.

Answer

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